Current Investment
The Revv: West Allis
West Allis, WI
- Property Type
- Multifamily Real Estate
- Year Invested
- 2023
- Number of Units
- 247
West Allis is a Class A, 247-unit multifamily development located along West National Avenue in West Allis, Wisconsin, designed to meet growing demand for high-quality housing near Milwaukee. The project features modern amenities, strong local market fundamentals, and a strategic location within a rapidly developing corridor.
Investment Highlights
- Premier West Allis development site surrounded by strong neighborhood amenities including dining, entertainment, shopping, and recreation.
- Strategically located just 5 miles west of Milwaukee's CBD within a strong and growing employment corridor.
- Submarket Class A apartment occupancy exceeds 99%, supported by limited new supply and strong renter demand.
- Only three large-scale developments totaling 490 units have been delivered in the past eight years despite a renter base exceeding 12,000 households.
- Recent Class A multifamily projects in the market have achieved strong lease-up momentum with absorption averaging 25+ units per month.